The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1887-11-14
TRADE REVIEW,
Bradstreots Weekly Report-The Iron and
u. WOOL Mnrketh.


Wool Markets.
In It's weekly review OF tho state OF
trade Brad,treet's says: Special kilograms
point to continuance OF the somewhat
irregular movement OF general trade with
a rather smaller volume than in the pre-
ceding week, due in part to the interven.
ton Of elections in many States. There
have been moderate declines in tho total
business done in some lines at New York,
Philadelphia, Chicago, st. Louis, Omaha,
and Denyer, mostly in staples, as COM
pared with recent weeks, but In almost all
instances the claim is made that the az
gregate iB In excess Of the record year
ago. Moderate gains have been made at
New Orleans, owing 10 heavy receipts Of
sugar, cotton and rice; at Kansas City Of
dry goods, groceries and boots and shoes,
and at Pittsburgh in iron Except bari,
steel Except rails) and coal.
The New York stock market has been
strong in tone, prices advancing on re-.
vived bullish feeling regarding leading
railroad properties, though the depressed
condition Of the European markets at one
time caused come reaction. Domestic con-
sumption Of wheat is aggregating about g.
0O0,0 900 weekly. Western receipts, inclul-
Ing -four, are heavy, being 100000 bush.
els ahead Of last season TO date, and ex.
ports from both coasts, while very large
since July !, are declining rapidly, being
for tho season to November IL, IS, 7SS 600
bushels. including 1ou-. This amounts to
nearly one-half the probable available ex-
port surplus in nineteen weeks, SO per
cent OF the crop year. Total exports OF
wheat and flour this week, both coasts,
aggregate less than 100000 bushels
against 100000 bushels last week.
Iron is no stronger; bar at Pittsburgh ia
weaker, and prices have been cut with
some mills working on single turn, There
were AS blast furnaces at work November
l, but with capacity OF l4O, S3l tons
weekly as compared with 14O,6Sl tons the
month before. This heavy production,
with reported light stocks, point to very
heavy consumption, the strongest feature
Of the iron market. Sugar is one.eighth
Of cent higher, with better grades scarce.
LIGHT estimates that the European and
United States consumption for the year
ending October increased PSI 900 tons
and expects further increased consump-
ton for tho next year of 100000 tons,
with probable decrease in the worlds
productions OF $1,000 tons.
WOOL. ,.5
Manufacturers have purchased go spar.
ingly this fall that the Philadelphia mar.
ket now experiences occasional spurts Of
activity as the Necessities Of manufacturers
require an increase OF stock. This week
hno Witnessed such squirt, sales being in
excess OF those Of the previous week and
100000 pounds greater than the sales Of
the corresponding week last year. The
market is steady. eEs{.+ ~
Ohio, Pennsylvania and West Virginia aeeces,
IN and above S2aSSc; S0a3lc; half blood, SGaS7c;
quarter blood. 35a35c; common, SOasSc: New YORK.
Michigan, Indiana and Wisconsin fleece, washed,
~ ~. and above Soaaic: %a3ec; half blood, S5a
washed. low, 25a27c: do fine. 2Oa2lc; do q quarter
blood, 2sasec; do thsce'elghths blood, 29asic. III